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Non-Tech : Market Makers - What They Do and How They Do It
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To: Jonny White who wrote (243)5/26/1999 8:25:00 PM
From: dave carroll  Read Replies (1) of 429
 
Good points. It always amazes me how NITE not only will jump on the inside bid/offer out of nowhere, but they'll cut the spread by three or four levels, course if your filling orders for online brokerage houses, I guess the priority is speed and not quality of execution, as opposed to the institution driven orders the white shoe firms receive.
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